Welcome to Roger's Economic Rant
February 2017 Economic Rant -Roger Mason
"The men the American people admire most extravagantly are the greatest liars; the men they detest most violently are those who try to tell them the truth." … H.L. Mencken
(Thanks for the Free Thought Project for this great cartoon.)
SILVER BOTTOMED DECEMBER 2015 FOURTEEN MONTHS AGO AT $14
Silver is the most undervalued asset on earth. The price finally bottomed 15 months ago. It is headed for $18 as you read this. Buy all you can while you can. This is a very, very thin market. You must hold physical bullion in your own hot little hands.
SILVER WILL BE TOO VALUABLE TO USE AS MERE MONEY
This is the 17th year of worldwide silver deficits. The deficits will continue and we’ll very soon simply be out of available silver. All silver will go for manufacturing. Bix Weir wisely pointed out that silver will be too valuable to use as mere money!!! You cannot do without silver in any society. There is no replacement for silver, other than gold and platinum. Buy silver bullion now while you still can. The world silver market is very very tiny. Worldwide about 1 paper clip (1 gram) is produced for every one of the 7.4 billion people.
Remember that there are two bills in Congress now. One would allow anyone with a carry permit to use this in any state. This would include severe anti-gun states like New York, Illinois, Maryland, Massachusetts, New Jersey and California. The other bill would allow noise suppressors to be sold the same way rifles are sold. No more BATF forms and high fees. Suppressors are almost never used by criminals- just in Hollywood movies.
LOOK AT THIS 24 YEAR T-BOND CHART
BONDS ARE THE BIGGEST BUBBLE IN HISTORY
Since there are $500 trillion in derivatives and only $100 trillion in bonds, why aren't derivatives the biggest bubble in history? Because derivatives are not a real market, are not regulated, and cannot even accurately be defined. Yes, they have five times the power to collapse the entire world economy though.
Pension funds invest in U.S. Treasury securities, various bonds, stocks, real estate, and other interest-rate sensitive assets. This is why you have to sell your IRA, 401k, stocks and other dollar denominated investments. Buy physical silver bullion you hold personally. Silver is the most undervalued asset on earth by far. This quarter century bond bull market is going to collapse. All investments go up, and then go down. This has been going up far too long and has topped out. Look out below!
ZEROHEDGE IS ON THE MONEY
Tyler Durden (www.zerohedge.com) has been doing very well lately. Look him up and read his column. He says the Trump presidency will bring us a period in which Orwell’s prophecies will shift into overdrive. Popular mistrust of anything and everything Government will accelerate and Big Government’s attempt to counteract this movement will take place in the form of intensified propaganda and a further reduction in civil rights. Along with this influx of political and media chaos will be an increasing distrust of fiat paper “fake” currency. He knows nothing good is ahead of us, and Trump just tells people what they want to hear.
LOOK AT THIS 25 YEAR S&P CHART
The American stock markets in general are totally overvalued and overbought. Yes, it just broke 20,000. So what? This quarter century chart shows you the crash of 2002 and again in 2008. The stock market is not the place you want to be. You'll never make money buying any overvalued, overbought asset, and you will probably end up broke.
Since 1995 the DJI has risen FIFTEEN TIMES more than American average wages. This is irrational and not sustainable. The entire stock markets are overpriced, overbought, and totally overvalued. THIS HAS NEVER HAPPENED IN THE HISTORY OF THE U.S.
LOOK AT THIS 120 YEAR DJI FAIR VALUE CHART
NOW LOOK AT THIS 120 YEAR DJI WEEKLY EARNINGS CHART
The stock market was overvalued in 1929. It was overvalued in 2008. Now it is super overvaluated. This is ridiculous!
YOU'RE OLDER THAN YOU THINK
If you are 70 years old, you have lived thru 13 of the 45 U.S. Presidents. You have also lived thru about 30% of American history from 1776. Now do you feel old? If you are 60, you have lived thru 12 of the presidents, and a full 25% of American history. Your poor old author was 9 years old when this photo below was taken. Notice cube steak was 43 cents, not $4.99.
1955 MEMORY PHOTO
Back then the business owners said, "If the government raises the minimum wage to $1.00 we just won't be able afford to hire the help we need." Of course we should have no minimum wage. Now the government wants to give stupid, lazy, incompetent, untrained, unmotivated, unskilled people $15 an hour just for breathing. This socialist minimum wage abomination was started in 1938 at 25 cents an hour. Let the free market determine wages, not politicians. We take such things for granted now, and just mindlessly accept them as normal.
WORLD ASSETS TODAY ARE ALL WORTHLESS PAPER
The world global domestic product (GDP) now has a mere 1.7% of gold as a global asset. This used to be a full, rational, and sensible 33%. That would mean gold should be 20 times the price, or about $24,000. At the historical 15 to 1 ratio, that would put silver at an amazing $1,600. Thanks to SRSrocco for these two great charts.
WHO IS THIS MAN?
Well, actually it is Rachel "Maddow" infamous Jewish lesbian communist show host on MSNBC. Her real family name is Medewof, not Maddow. She has 1.3 million viewers. Put a mustache on "her", and you would never think this was a woman. Like all liberals and leftists, she lies every time her mouth moves. She is a most convincing liar, and is often close to tears during her diatribes. The real question here is why over a million adults watch her show?
BILL HR 1329 WOULD ABOLISH THE BATF
We don’t need a bureau of alcohol, tobacco, and firearms. That’s ridiculous!!! Why do we need tobacco police? Or alcohol police when there hasn’t been any bootlegging for decades? Let the FBI take care of gun crimes. The BATF has been a disgrace, especially under Holder.
TRUMP INHERITED THE TITANIC
Thanks to Jeff Berwick (Dollar Vigilante) for these.
WE ATTACKED 7 COUNTRIES IN 6 YEARS
Obama bombed seven countries in just six years, and now he is telling Russia to abide by “basic principles”! Under Obama’s command, American launched neocon expeditions in Afghanistan, Yemen, Pakistan, Somalia, Libya, Iraq, and Syria. We are the Evil Empire. In fact, we and Israel are the last empires on earth. Israel has the Greater Israel imperialism. They want to own the entire area between the Nile and the Erphrates. Notice Russia, China, Iran, and Syria aren’t causing any problems. They aren’t attacking innocent countries and murdering unarmed men, women, children, the elderly and handicapped. Countries have karma, just like people do. We are going to pay for this in the total destruction of America. England was the last empire, and they are now a third world mixed race backwater drowning in socialism and welfare schemes. 100 years ago, they “ruled the waves” and were the biggest superpower on earth.
Never forget what the late Prime Minister of Israel Menachem Begin said:
“Our race is the Master Race. We Jews are divine gods on this planet. We are as different from the inferior races as they are from insects. In fact, compared to our race, other races are beasts and animals, cattle at best. Other races are considered as human excrement. Our destiny is to rule over the inferior races…The masses will lick our feet and serve us as our slaves.”
This is an example of the Master Race, a divine god? He looks like Daffy Duck.
MILLENIALS ARE AS POOR AS THEY ARE STUPID
The young people today overall are both poor and stupid. Many are uneducated and untrained, and get minimum wage jobs at best. The ones who go on to college generally take the most meaningless and worthless liberal classes they could never get a real job.
PSYCHOTIC WOMENS MARCH ON D.C.Here is a family with vulva costumes in the Women's March on D.C. The media did not show you pictures like this. Look at the husband. He sure is a p*ssy in real life. And that poor little girl will grow up to be a psychotic as her parents.
Here's someone with a long list of psychiatric problems. She must be very popular with men. Shows real class here.
Here's a happy camper. She obviously loves life. Real class here, too.
Here she is in a five foot tall vulva costume asking us to “build a uterine wall”. What is that supposed to mean? Build a uterine wall? Words fail here. This poor woman should be in an institution out of kindness and compassion.
YOU HAVE TO WATCH THIS VIDEO- CELEBRITIES ARE PSYCHOTIC
Celebrities are much, much, much sicker than we can ever imagine in our worst nightmares. Mark Dice did a video of Ashley Judd speaking at the Women's March on Washington. Ashley kept repeating she is a, "nasty woman" and, "p*ssies are meant for birthing nasty women". She says her life has been ruined because tampons are taxed. (Seriously, she said that.) She says she bleeds constantly all over her clothes and bedsheets! She is planning to run for the U.S. Senate (that's not a joke).Yes, she is going to run for the Senate. She claims she has been raped three times by three different men she knew. She refuses to name them, never filed a police report, and no one was ever arrested. If true, that means the rapists went on to rape other women. She claims "one in three American women will be raped." Wow, that's quite a rape epidemic. She's admittedly suicidal, and has serious psychiatric problems. She may well be on psych drugs. She is very, very promiscuous, and had made too many naked movies to count. She tried marriage once, and it ended in disaster. This is a role model for other women? You have to see this video to believe it. She actually said these things in front of tens of thousands of demented women. The more psychotic she got, the more they cheered. Google "Mark Dice + Ashley Judd" if this link doesn't work for you. Or Google the phrase: "Ashley Judd rants about tampons..."
Chuck Woolery is a long time insider, and knows them well..
NATIONAL DEBT IS $200 TRILLION, NOT $20 TRILLION
Folks, the real unfunded liability national debt for America is $200 trillion, not the official, fake $20 trillion number. Anyone who tells you it is "merely" $20 trillion is an uninformed and very naive source to put it politely. Stupid is a more accurate term. This means everyone in America owes about $630,000. A family of four owes about $2.5 million. Now can you see Trump inherited the Titanic? This is hopeless. This has never happened in the history of the world. The government is not going to pay this debt.
Wall Street is not going to pay this debt. YOU ARE!!! There is no such thing as an unpaid debt. Either the buyer or the seller ends up paying it. You'll pay this debt in the form of the greatest depression and financial collapse the world has ever seen. This is only part of the story. The entire world GWP gross product is less than $80 trillion. The world bond market is collapsing, and that is $100 trillion. The world stock market will collapse, and that is $80 trillion. The unregulated world derivatives market is an incomprehensible $500 trillion, and that is imploding as well. It is a matter of when, not if, all these markets collapse. America has a GDP of probably $14 trillion at best, and you can forget the official figure of $18 trillion. Just like you can laugh at the official 6% unemployment figure, when it is really about 24%- four times the official figure. It is amazing America has 5% of the world population, but produces about 18% of the worlds product-ion of total goods.
$500 TRILLION IN DERIVATIVES- THIS IS NOT COMPREHENSIBLE
That is over six times the entire GWP. What can you do about the coming catastrophe? Buy physical silver bullion and hold it. That's what you can do. You can believe the NWO crowd is up to their ears in gold and silver. Get out of the stock market. Sell your IRA/401k. Sell any bonds you have. Get out of all dollar denominated investments. All paper will be worth paper. For the first time in the history of the world no currency on earth has any value whatsoever.
All currencies are now in a race to the bottom as to their inherent worthlessness. All currencies on earth are simply colored toilet paper. In 5,000 years this has never happened. If the sheeple realized the gold in Ft. Knox was gone 50 years ago we would have a total panic, and collapse of the entire nation. This will be the greatest wealth transfer by far in history. Remember that J.P. Morgan alone has 550 million ounces of silver. Less than 900 million ounces are produced every year worldwide. Most all of this goes to manufacturing, and less than 300 million ounces are made into coins and bars. Again, that is about 1 paper clip (one gram) for every person on earth. Follow the evil winner here. J.P. Morgan is just one of many banks that are hoarding silver.
MORE GUN LAWS EQUAL MORE CRIME
Chicago, Detroit, Memphis, St. Louis, and Oakland lead the country in violent crime. They also have the most draconian gun laws in the nation. They are also predominantly black. That's not racism, but factual information. Less gun laws equal less crime. The countries with the most restrictive gun laws have the worst crime. The countries with the most gun freedom have the least crime.
8 PEOPLE OWN AS MUCH MONEY AS 3.7 BILLION PEOPLE
There are over 7.4 billion people on earth. These eight men have as much money as half of them. Listed below are the 8 billionaires along with their estimated wealth, which combined equals $426.2 billion:
Bill Gates – $75 b
Here's old Senile in Omaha telling the sheeple, "not to bet against America". He wants you to be 100% invested in the house-of-cards stock market. He wants you to lose your entire life savings. Just another government shill.
THERE IS NO ENERGY CRISIS
Let's go over this for the hundredth time. There is no energy crisis. We have 100 years of known oil reserves. We have 100 years of known gas reserves. We have 1,000 years of known coal reserves. America is the Saudi Arabia of coal. You can make ANYTHING out of coal with the SASOL process- gasoline, diesel, jet fuel. Wind power is a bad joke, and has failed all over the world. There is no wattage in sunlight. Biofuels, like corn alcohol, take more energy to make than they produce. We have 1,000 years of known uranium reserves. Yes, it's a bad choice, but it beats living in caves. People who talk about "peak oil" are stupid and blind. The problem is the population crisis. We have 7.4 useless eaters on the planet, when we should have a half billion. Yes, 94% have to go in order to make this earth a paradise. No, not biological plagues, just forced birth control. The world population should be 500 million, not 7.4 trillion. FIFTEEN TIMES TOO MANY PEOPLE ON EARTH. Think about America with 19 million people instead of an insane 320 million.
TARIFFS HURT EVERYONE, ESPECIALLY THE POOR
Trump has made an enemy out of Mexico for no reason at all. The idea of building a 3,000 mile wall is too stupid to discuss. Telling the Mexican people to pay for it even more ridiculous. A WALL WOULD ACCOMPLISH NOTHING. We legally let in millions of uneducated, stupid, dangerous, ignorant, disease ridden immigrants every year. The way to stop illegal immigration is simply to legally require every employer to keep a Xerox copy of their employees government issued ID. That way no illegal immigrant would have a job and couldn’t exist. Employers who failed to do this would be jailed. The immigrants would be sentenced to long sentences at special hard labor camps. If they ever returned they would get a life sentence at hard labor.
TARIFFS WILL HURT ALL AMERICANS, ESPECIALLY THE POOR. We import hundreds of billion of products from Mexico annually. The major ones are crude oil, cars, car parts, trucks, truck parts, computers, appliances, electronics, TVs, and medical equipment. These insane tariffs will lower our standard of living. Trump is punishing every American citizen all for nothing.
ISRAEL FIRST, AMERICA SECOND
DYLAN ROOF IS REALLY JOHN GRAAS, CHILD ACTOR
Dylann Storm Roof is actually child actor John Christian Graas. In the late 1990s John appeared in Kindergarten Cop; Dr. Quinn, and Medicine Woman. He also served in the U.S. Marine Corps in 2010 according to his IMDb biography. He was the opposite of a “white supremacist”, and had black friends on his Facebook page. His black friends still speak well of him. All the photos of him with Confederate, old Rhodesia, and old South African flags are photo shopped.
WE NEED RUSSIA- TO POWER OUR HOMES
We get about 20% of our electrical power from nuclear plants using uranium. We import 90% of our uranium. Where to you think we get it from? RUSSIA, that’s who. That means about 1 in 10 homes are using Russian uranium to keep their families alive. No, we can’t get it from Canada and Australia. It gets worse…we get ENRICHED uranium from Russia, since we do not have to facilities to enrich it. Plain uranium is useless. Russia could shut down the U.S. very easily by stopping uranium sales.
CONGRESS GETS INSANE LIFETIME SALARIES
Even after serving only one single term these are the salaries Congress gets:
Retired presidents get $180,000 a year for life.
House/Senate members $174,000 a year for life.
Speaker of the House $223,500 a year for life.
Majority/Minority Leaders $193,400 a year for life.
They should get NOTHING after they leave office. Nothing at all. Why should they get a penny after leaving office? They should use the same Social Insecurity system and the same health care systems the peasants use. No pay raises. Their salaries can be indexed to the official (and ridiculous) inflation rates.
HELP CALIFORNIA SECEDE FROM THE U.S.
One third of Californians want to leave the U.S. The proposal is called "Calexit". The Secretary of State has approved the move. Go to www.yescalifornia.org and donate. This is not tax deductible. Let's get rid of these scumbags. They have been bankrupt for decades and are deeply in debt. Moonbeam Brown runs the asylum out there. Latinos took over the state long ago and whites are now in a minority. There are 18 million voters there and less than 600,000 have to sign the petition in the next 6 months (end of July).
There are less than 140 million voters in the whole country, so they are about 1 in 7. CALIFORNIA DETERMINES THE AMERICAN ELECTIONS, and they are mostly all far left Looney Tunes. The Peoples Republic of California was solely responsible for Hillary winning the popular vote. They vote for communist garbage as Nancy Pelosi, Barbara Boxer, and Diane Feinstein. Seriously, please donate to them and help them secede. We are. All you readers in California please sign the petition.
The Boy Scouts of American long ago agreed to take in homosexuals. Now they are accepting transgenders. Of course, there is no such thing as a "transgender", just surgically mutilated men and women. Poor Lord Baden Powell is rolling over in his grave. He formed the Boy Scouts 109 years ago. Now tell yourself this isn't End Times, Just keep repeating, "this isn't End Times" until you believe it.
This has been a long rant with lots of charts and cartoons. Nothing good is ahead of us. Trump is just more of the same. Be prepared and stay prepared. Churchill was a fraud, but he said some smart things:
“The farther back you can look, the farther forward you are likely to see.”
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